A kind of method of modal identification subject to ambient excitation is presented. A new synthesis stationary signal based on structural response wavelet transform and wavelet coefficient processes co-integration is...A kind of method of modal identification subject to ambient excitation is presented. A new synthesis stationary signal based on structural response wavelet transform and wavelet coefficient processes co-integration is obtained. The new signal instead of structural response is used in identifying the modal parameters of a non- stationary system, combined with the method of modal identification under stationary random excitation-the NExT method and the adjusted continuous least square method. The numerical results show that the method can eliminate the non-stationarity of structural response subject to non-stationary random excitation to a great extent, and is highly precise and robust.展开更多
Based on the statistical data of Huixian from 1992 to 2010, we analyze the long-term and short-term relationship between Huixian's methane energy development and GDP by using co-integration test and error correcti...Based on the statistical data of Huixian from 1992 to 2010, we analyze the long-term and short-term relationship between Huixian's methane energy development and GDP by using co-integration test and error correction model. The empirical results show that there is a long-term equilibrium relationship between methane energy and GDP in the city of Huixian, and which is the one-way Granger causality of methane and GDP. In conclusion, the paper puts forward some steps about spurring economic growth, methane development and utilization in Huixian.展开更多
This article describes a study by co-integration test and Granger causality test on the relationships between China's services trades and employment using the data of services trade from the WTO website and the em...This article describes a study by co-integration test and Granger causality test on the relationships between China's services trades and employment using the data of services trade from the WTO website and the employment data from China Statistic Yearbook for the years from 1982 to 2003. Co-integration test showed that 1% increase in export value and import value of services created respectively 0.205% and 0.068 7% more job opportunities in the service sector. Both export and import of services impacted positively on employment in service industry, and export did more than import. However, in the short run, the impacts of services export and import on employment in service industry were both very small, though positive; and the impacts of employment in service industry on both export and import of services were very big, but not stable. Granger causality test indicated that employment in service industry was a Granger cause of services export. The findings highlight the importance of facilitating services import and reducing import barriers, and suggest that the competitiveness of China's labor- intensive services trade can be exploited to boost services export and help employment in service sector, and that the structure of services trade should be optimized by shifting from labor-intensive to knowledge-and technology-intensive services thus to enhance China's competitiveness of services export.展开更多
A vector autoregressive model was developed for a sample of container carrier time charter rates. Although the series of time charter rates are themselves found non-stationary, thus precluding the use of many modeling...A vector autoregressive model was developed for a sample of container carrier time charter rates. Although the series of time charter rates are themselves found non-stationary, thus precluding the use of many modeling methodologies, evidence provided by co-integration tests points to the existence of stable long-term relationships between the series. An assessment of the forecasts derived from the model suggests that the spec-ification of these long-term relationships does not improve the accuracy of long-term forecasts. These results are interpreted as a corroboration of the efficient market hypothesis.展开更多
In accordance with the economic data from Statistical Communique on National Economy and Social Development in Hubei Province in the period 1980-2009, we use co-integration analysis method to research the impact of GD...In accordance with the economic data from Statistical Communique on National Economy and Social Development in Hubei Province in the period 1980-2009, we use co-integration analysis method to research the impact of GDP growth on residents' consumer spending. Result shows that although there are differences between GDP and residents' consumer spending in the short term, the equilibrium relationship exists between them, namely, the co-integration relationship, showing consistency in trends.展开更多
By applying co-integration analysis,the Granger causality test and an error correction model,the dependency between the energy consumption and the gross domestic product of China was examined.In a further step an anal...By applying co-integration analysis,the Granger causality test and an error correction model,the dependency between the energy consumption and the gross domestic product of China was examined.In a further step an analysis was done to establish a correlation between the economic growth of different industries and China's energy consumption.An evidence-based study showed that a co-integration relationship exists between the gross energy consumption and the GDP of China and that the two variables possess bi-directional causality.The energy consumption for the secondary industry has a markedly stimulative effect to the economic growth.This paper also uses an error correction model(ECM)to explain the short-term behavior of energy demands.展开更多
Koyna region, a seismically active region, has many time series observations such as seismicity, reservoir water levels, and many bore well water levels. One of these series is used to predict others since these param...Koyna region, a seismically active region, has many time series observations such as seismicity, reservoir water levels, and many bore well water levels. One of these series is used to predict others since these parameters are interlinked. If these series were stationary, we used correlation analysis. However, it is seen that maximum of these time series are nonstationary. In this case, co-integration method is used that is extracted from econometrics and forecast is possible. We have applied this methodology to study time series of reservoir water levels of this region and we find them to be co-integrated. Therefore, forecast of water levels for one of the reservoir is done from the other as these will never drift apart too much. The outcomes demonstrate that a joint modelling of both data sets based on underlying physics resolves to be sparingly useful for understanding predictability issues in reservoir induced seismicity.展开更多
The purpose of this paper is to puts forward suggestions for the sustainable development of mineral resources by combining the benefit of economy from mineral resources with the introduction of concept of circular eco...The purpose of this paper is to puts forward suggestions for the sustainable development of mineral resources by combining the benefit of economy from mineral resources with the introduction of concept of circular economic development.展开更多
Objective To study the possible relationship between the output of new products in China’s pharmaceutical industry and the investment in research and development(R&D),and to provide a theoretical basis for the de...Objective To study the possible relationship between the output of new products in China’s pharmaceutical industry and the investment in research and development(R&D),and to provide a theoretical basis for the decision-making of relevant enterprises and institutions.Methods The econometric software Stata 14 was used to perform unit root test on the relevant data.Then,a co-integration regression equation was established after stabilization,which was analyzed through co-integration test(E-G two-step method).Results and Conclusion There is a long-term equilibrium and short-term error correction relationship between the output of new products and the investment of R&D funds in China’s pharmaceutical industry.During the lagging periods from 1 to 6,R&D investment is the Granger reason for the output of new products.The investment of R&D funds has a positive effect on the output of new products and the effect is significant.Therefore,more investment should be made in R&D to enhance the output of new products.展开更多
How to achieve the objective of reducing CO2 emissions has been an academic focus in China recently. The factors influencing CO2 emissions are the vital issue to accomplish the arduous target. Firstly, three influenti...How to achieve the objective of reducing CO2 emissions has been an academic focus in China recently. The factors influencing CO2 emissions are the vital issue to accomplish the arduous target. Firstly, three influential factors, the energy consumption, the proportion of tertiary industry in gross domestic product （GDP）, and the degree of dependence on foreign trade, are carefully selected, since all of them have closer grey relation with China＇s COz emissions compared with others when the grey relational analysis （GRA） method is applied. The study highlights co-integration relation of these four variables using the co-integration analysis method. And then a long-term co-integration equation and a short-term error correction model of China＇s CO2 emissions are devel- oped. Finally, the comparison is exerted between the forecast value and the actual value of China＇s CO2 emissions based on error correction model. The results and the relevant statistics tests show that the pro- posed model has better explanation capability and credibility.展开更多
Agriculture is the basic industry of China and the support of all other industries. In order to clarify the impact of urbanization on China＇s agriculture, a cointegration test was conducted between the urbanization r...Agriculture is the basic industry of China and the support of all other industries. In order to clarify the impact of urbanization on China＇s agriculture, a cointegration test was conducted between the urbanization rate and the total agricultural output value in China during the past 30 years of 1986-2015. The results showed that the development of urbanization and agricultural economy had no severe effect on weakening the agricultural economy in China, while on the contrary, there was a long-term equilibrium relationship between the two, which was only limited to a certain range, and in the future high development of urbanization of China, the development of agricultural economy would face great challenges. Therefore, China should specify cultivated land use, strengthen the supervision standard of land circulation; increase investment in science and technology, improve the efficiency of agricultural output; optimize financial support for agriculture, enhance the enthusiasm of farmers; cultivate new agricultural operators, promote the process of agricultural industrialization, so as to form economies of scale and explore a new road of urbanization which is not at the expense of the cost of agricultural economy.展开更多
It is of real and direct significance for China to cope with oil price fluctuations and ensure oil security. This paper aims to quantitatively analyze the specific contribution ratios of the complex factors influencin...It is of real and direct significance for China to cope with oil price fluctuations and ensure oil security. This paper aims to quantitatively analyze the specific contribution ratios of the complex factors influencing international crude oil prices and to establish crude oil price models to forecast long-term international crude oil prices. Six explanatory influential variables, namely Dow Jones Indexes, the Organization for Economic Cooperation and Development oil stocks, US rotary rig count, US dollar index, total open interest, which is the total number of outstanding contracts that are held by market participants at the end of each day, and geopolitical instability are specified, and the samples, from January 1990 to August 2017, are divided into six sub-periods. Moreover, the co-integration relationship among variables shows that the contribution ratios of all the variables influencing Brent crude oil prices are in accordance with the corresponding qualitative analysis. Furthermore, from September 2017 to December 2022 outside of the sample, the Vector Autoregressive forecasts show that annually averaged Brent crude oil prices for 2017-2022 would be $53.0, $61.3, $74.4, $90.0, $105.5, and $120.7 per barrel, respectively. The Vector Error Correction forecasts show that annual average Brent crude oil prices for 2017-2022 would be $53.0, $56.5, $58.5, $60.7, $63.0 and $65.4 per barrel, respectively.展开更多
By using error correction model, I conduct co-integration analysis on the research of the relationship between the per capita practical consumption and per capita practical disposable income of urban residents in Huna...By using error correction model, I conduct co-integration analysis on the research of the relationship between the per capita practical consumption and per capita practical disposable income of urban residents in Hunan Province from 1978 to 2009. The results show that there is a co-integration relationship between the per capita practical consumption and the practical per capita disposable income of urban residents, and based on these, the corresponding error correction model is established. Finally, corresponding countermeasures and suggestions are put forward as follows: broaden the income channel of urban residents; create goods consuming environment; perfect socialist security system.展开更多
Unprecedented industrialization and urbanization have led to China’s poor energy efficiency. In response, the Chinese government has set goals to reduce energy consumption that may include implementing new tax polici...Unprecedented industrialization and urbanization have led to China’s poor energy efficiency. In response, the Chinese government has set goals to reduce energy consumption that may include implementing new tax policies. In this paper, we investigate the relationship between energy intensity, an indicator that measures the efficiency of energy consumption, and two sources of government revenue in China (i.e., value-added tax (VAT) and corporate income tax). As a case study, we developed a Granger co-integration model to analyze the dynamic relationship of energy intensity, VAT and corporate income tax in the non-ferrous metal industry, Jiangxi Province, China, between 1996 and 2010. Augmented Dickey-Fuller tests were used to validate the model. In our time series analyses, we found when controlling for corporate income tax, a one log unit increase of VAT resulted in a decrease of 1.17 log units of energy intensity. However, when controlling for VAT, a one log unit increase of corporate income tax resulted in an increase of 0.34 log units of energy intensity. Understanding the relationship between energy intensity and taxation in industries that consume high volumes of energy can greatly enhance China’s goal to reduce energy consumption. We believe our findings add to this on-going discussion.展开更多
An intelligent fuzzy logic inference pipeline for the control of a dc-dc buck-boost converter was designed and built using a semi-custom VLSI chip. The fuzzy linguistics describing the switching topologies of the conv...An intelligent fuzzy logic inference pipeline for the control of a dc-dc buck-boost converter was designed and built using a semi-custom VLSI chip. The fuzzy linguistics describing the switching topologies of the converter was mapped into a look-up table that was synthesized into a set of Boolean equations. A VLSI chip–a field programmable gate array (FPGA) was used to implement the Boolean equations. Features include the size of RAM chip independent of number of rules in the knowledge base, on-chip fuzzification and defuzzification, faster response with speeds over giga fuzzy logic inferences per sec (FLIPS), and an inexpensive VLSI chip. The key application areas are: 1) on-chip integrated controllers;and 2) on-chip co-integration for entire system of sensors, circuits, controllers, and detectors for building complete instrument systems.展开更多
Objective To study the relationship between export orientation and research and development(R&D)investment so as to provide suggestions and references for improving the R&D investment level and innovation capa...Objective To study the relationship between export orientation and research and development(R&D)investment so as to provide suggestions and references for improving the R&D investment level and innovation capabilities of pharmaceutical industry due to the progress of globalization and the continuous development of export trade of China’s pharmaceutical industry.Methods The relevant data of China’s pharmaceutical industry from 2001 to 2016 was selected to establish an error correction model based on the co-integration theory,and then the Granger causality test was conducted to determine the relationship between the export orientation and R&D investment of China’s pharmaceutical industry in different regions.Results and Conclusion It is found that the export orientation of the pharmaceutical industry in different regions has a significant negative impact on the investment of R&D.Among them,the middle region has the greatest impact,followed by the eastern and western regions.The export orientation of the pharmaceutical industry in the middle region has a lag effect on R&D investment,and the lag phase is two years.展开更多
In this paper, we make a comparative analysis and correlation test for the seismic activities in the South Japan and the Ludong-Huanghai block （a secondary tectonic unit in the North China） and approach the relation...In this paper, we make a comparative analysis and correlation test for the seismic activities in the South Japan and the Ludong-Huanghai block （a secondary tectonic unit in the North China） and approach the relationship between the energy release processes of these two areas by using co-integration analysis and Granger causality test for the time series of random variables. The results show that the seismic activities in these two areas are correlative and synchronous to a certain extent, and their release series of cumulative strain energy are contemporaneously correlative. Both energy series are first-order difference stationary processes and there is secular and steady co-integration between them. We make a positive analysis on the first-order difference energy series through Granger causality test based on vector error correction （VEC） model and find there is unilateral Granger causality and prominent co-integration between the two energy release processes.展开更多
Heilongjiang is a large agriculture province.Problems of agriculture,rural areas and farmers are urgent to be solved.The development of agriculture needs the support of agricultural credits,because finance is the cent...Heilongjiang is a large agriculture province.Problems of agriculture,rural areas and farmers are urgent to be solved.The development of agriculture needs the support of agricultural credits,because finance is the center of agriculture economy.However,the low comparative advantage in agriculture and pursuit of the capital interests which aggravate the conflicts of supply and demand of agricultural funds.Lacking of fund is the main factor that constrains the development of agricultural economy.In order to analyze the economic effect of agricultural credits on agricultural economy,an error correction model was set up to research the relationship between them,which based on the least square methods.Through the study of the contribution from agricultural credits to total value of agricultural out-put,the empirical evidence for developing the rural financial vigorously was provided,in order to promote the agricultura leconomic development.展开更多
According to the data of the total trade of agricultural products between China and the United States from 2009 to 2018 and the general description of agriculture in China,this paper adopts the method of econometric m...According to the data of the total trade of agricultural products between China and the United States from 2009 to 2018 and the general description of agriculture in China,this paper adopts the method of econometric model to make a detailed analysis of the agricultural trade between China and the United States by using cointegration analysis,Granger causality test and error correction model in order to explore the impact of agricultural trade between China and the United States on China’s agricultural development. The results of empirical analysis show that there is a balanced relationship between the trade of agricultural products between China and the United States and the development of agriculture in China. The total trade of agricultural products between China and the United States affects the development of China’s agriculture.In addition,in the short term,if the short-term fluctuation deviates from the long-term equilibrium,then the error correction term will reverse it with strength of 0. 378,so that the non-equilibrium state will gradually return to the equilibrium state.展开更多
In recent years, the real estate price has been raising with the volume of foreign money inflow increasing. The relationship between foreign money and real estate price becomes a focus. This paper studies the relation...In recent years, the real estate price has been raising with the volume of foreign money inflow increasing. The relationship between foreign money and real estate price becomes a focus. This paper studies the relationship with empirical methods. The co-integration test shows that there is a long equilibrium between real estate price rising and foreign money inflow. The analysis of ECM shows that foreign money inflow as to real estate price rising is less important than real estate price rising as to foreign money inflow. And Granger test also shows that foreign money inflow is not the cause of real estate price rising, on the contrary, real estate price rising causes foreign money flowing in.展开更多
基金The National Natural Science Foundation of China(No50278017)
文摘A kind of method of modal identification subject to ambient excitation is presented. A new synthesis stationary signal based on structural response wavelet transform and wavelet coefficient processes co-integration is obtained. The new signal instead of structural response is used in identifying the modal parameters of a non- stationary system, combined with the method of modal identification under stationary random excitation-the NExT method and the adjusted continuous least square method. The numerical results show that the method can eliminate the non-stationarity of structural response subject to non-stationary random excitation to a great extent, and is highly precise and robust.
文摘Based on the statistical data of Huixian from 1992 to 2010, we analyze the long-term and short-term relationship between Huixian's methane energy development and GDP by using co-integration test and error correction model. The empirical results show that there is a long-term equilibrium relationship between methane energy and GDP in the city of Huixian, and which is the one-way Granger causality of methane and GDP. In conclusion, the paper puts forward some steps about spurring economic growth, methane development and utilization in Huixian.
文摘This article describes a study by co-integration test and Granger causality test on the relationships between China's services trades and employment using the data of services trade from the WTO website and the employment data from China Statistic Yearbook for the years from 1982 to 2003. Co-integration test showed that 1% increase in export value and import value of services created respectively 0.205% and 0.068 7% more job opportunities in the service sector. Both export and import of services impacted positively on employment in service industry, and export did more than import. However, in the short run, the impacts of services export and import on employment in service industry were both very small, though positive; and the impacts of employment in service industry on both export and import of services were very big, but not stable. Granger causality test indicated that employment in service industry was a Granger cause of services export. The findings highlight the importance of facilitating services import and reducing import barriers, and suggest that the competitiveness of China's labor- intensive services trade can be exploited to boost services export and help employment in service sector, and that the structure of services trade should be optimized by shifting from labor-intensive to knowledge-and technology-intensive services thus to enhance China's competitiveness of services export.
文摘A vector autoregressive model was developed for a sample of container carrier time charter rates. Although the series of time charter rates are themselves found non-stationary, thus precluding the use of many modeling methodologies, evidence provided by co-integration tests points to the existence of stable long-term relationships between the series. An assessment of the forecasts derived from the model suggests that the spec-ification of these long-term relationships does not improve the accuracy of long-term forecasts. These results are interpreted as a corroboration of the efficient market hypothesis.
基金Supported by National Natural Science Foundation (60873021/F0201)
文摘In accordance with the economic data from Statistical Communique on National Economy and Social Development in Hubei Province in the period 1980-2009, we use co-integration analysis method to research the impact of GDP growth on residents' consumer spending. Result shows that although there are differences between GDP and residents' consumer spending in the short term, the equilibrium relationship exists between them, namely, the co-integration relationship, showing consistency in trends.
基金Projects TSFZLXKF2006-3 supported by the China Lixin Risk Management Research Institute Foundation of Shanghai Municipal Education Commission90210035 by the National Natural Science Foundation of China
文摘By applying co-integration analysis,the Granger causality test and an error correction model,the dependency between the energy consumption and the gross domestic product of China was examined.In a further step an analysis was done to establish a correlation between the economic growth of different industries and China's energy consumption.An evidence-based study showed that a co-integration relationship exists between the gross energy consumption and the GDP of China and that the two variables possess bi-directional causality.The energy consumption for the secondary industry has a markedly stimulative effect to the economic growth.This paper also uses an error correction model(ECM)to explain the short-term behavior of energy demands.
文摘Koyna region, a seismically active region, has many time series observations such as seismicity, reservoir water levels, and many bore well water levels. One of these series is used to predict others since these parameters are interlinked. If these series were stationary, we used correlation analysis. However, it is seen that maximum of these time series are nonstationary. In this case, co-integration method is used that is extracted from econometrics and forecast is possible. We have applied this methodology to study time series of reservoir water levels of this region and we find them to be co-integrated. Therefore, forecast of water levels for one of the reservoir is done from the other as these will never drift apart too much. The outcomes demonstrate that a joint modelling of both data sets based on underlying physics resolves to be sparingly useful for understanding predictability issues in reservoir induced seismicity.
文摘The purpose of this paper is to puts forward suggestions for the sustainable development of mineral resources by combining the benefit of economy from mineral resources with the introduction of concept of circular economic development.
基金Research on Innovation and Development Strategy of Pharmaceutical Industry in Liaoning Province(2020lslktyb-095).
文摘Objective To study the possible relationship between the output of new products in China’s pharmaceutical industry and the investment in research and development(R&D),and to provide a theoretical basis for the decision-making of relevant enterprises and institutions.Methods The econometric software Stata 14 was used to perform unit root test on the relevant data.Then,a co-integration regression equation was established after stabilization,which was analyzed through co-integration test(E-G two-step method).Results and Conclusion There is a long-term equilibrium and short-term error correction relationship between the output of new products and the investment of R&D funds in China’s pharmaceutical industry.During the lagging periods from 1 to 6,R&D investment is the Granger reason for the output of new products.The investment of R&D funds has a positive effect on the output of new products and the effect is significant.Therefore,more investment should be made in R&D to enhance the output of new products.
基金Supported by the National Natural Science Foundation of China(41101569)the China Postdoctoral Science Foundation Funded Project(2011M500965)+5 种基金the Jiangsu Funds of Social Science(11EYC023)the Doctoral Discipline New Teachers Fund(20110095120002)the Jiangsu Postdoctoral Science Foundation Funded Project(1102088C)the Fundamental Research Funds for the Central Universities(JGJ110763)the Talent Introduction Funds of China University of Mining and Technologythe Sail Plan Funds for Young Teachers of China University of Mining and Technology~~
文摘How to achieve the objective of reducing CO2 emissions has been an academic focus in China recently. The factors influencing CO2 emissions are the vital issue to accomplish the arduous target. Firstly, three influential factors, the energy consumption, the proportion of tertiary industry in gross domestic product （GDP）, and the degree of dependence on foreign trade, are carefully selected, since all of them have closer grey relation with China＇s COz emissions compared with others when the grey relational analysis （GRA） method is applied. The study highlights co-integration relation of these four variables using the co-integration analysis method. And then a long-term co-integration equation and a short-term error correction model of China＇s CO2 emissions are devel- oped. Finally, the comparison is exerted between the forecast value and the actual value of China＇s CO2 emissions based on error correction model. The results and the relevant statistics tests show that the pro- posed model has better explanation capability and credibility.
文摘Agriculture is the basic industry of China and the support of all other industries. In order to clarify the impact of urbanization on China＇s agriculture, a cointegration test was conducted between the urbanization rate and the total agricultural output value in China during the past 30 years of 1986-2015. The results showed that the development of urbanization and agricultural economy had no severe effect on weakening the agricultural economy in China, while on the contrary, there was a long-term equilibrium relationship between the two, which was only limited to a certain range, and in the future high development of urbanization of China, the development of agricultural economy would face great challenges. Therefore, China should specify cultivated land use, strengthen the supervision standard of land circulation; increase investment in science and technology, improve the efficiency of agricultural output; optimize financial support for agriculture, enhance the enthusiasm of farmers; cultivate new agricultural operators, promote the process of agricultural industrialization, so as to form economies of scale and explore a new road of urbanization which is not at the expense of the cost of agricultural economy.
基金supported by the National Science Foundation of China(NSFC No.41271551/71201157)the National Key Research and Development Program(2016YFA0602700)
文摘It is of real and direct significance for China to cope with oil price fluctuations and ensure oil security. This paper aims to quantitatively analyze the specific contribution ratios of the complex factors influencing international crude oil prices and to establish crude oil price models to forecast long-term international crude oil prices. Six explanatory influential variables, namely Dow Jones Indexes, the Organization for Economic Cooperation and Development oil stocks, US rotary rig count, US dollar index, total open interest, which is the total number of outstanding contracts that are held by market participants at the end of each day, and geopolitical instability are specified, and the samples, from January 1990 to August 2017, are divided into six sub-periods. Moreover, the co-integration relationship among variables shows that the contribution ratios of all the variables influencing Brent crude oil prices are in accordance with the corresponding qualitative analysis. Furthermore, from September 2017 to December 2022 outside of the sample, the Vector Autoregressive forecasts show that annually averaged Brent crude oil prices for 2017-2022 would be $53.0, $61.3, $74.4, $90.0, $105.5, and $120.7 per barrel, respectively. The Vector Error Correction forecasts show that annual average Brent crude oil prices for 2017-2022 would be $53.0, $56.5, $58.5, $60.7, $63.0 and $65.4 per barrel, respectively.
基金Supported by the Scientific Research Subject of Department of Education in Hunan Province(10C0556)
文摘By using error correction model, I conduct co-integration analysis on the research of the relationship between the per capita practical consumption and per capita practical disposable income of urban residents in Hunan Province from 1978 to 2009. The results show that there is a co-integration relationship between the per capita practical consumption and the practical per capita disposable income of urban residents, and based on these, the corresponding error correction model is established. Finally, corresponding countermeasures and suggestions are put forward as follows: broaden the income channel of urban residents; create goods consuming environment; perfect socialist security system.
文摘Unprecedented industrialization and urbanization have led to China’s poor energy efficiency. In response, the Chinese government has set goals to reduce energy consumption that may include implementing new tax policies. In this paper, we investigate the relationship between energy intensity, an indicator that measures the efficiency of energy consumption, and two sources of government revenue in China (i.e., value-added tax (VAT) and corporate income tax). As a case study, we developed a Granger co-integration model to analyze the dynamic relationship of energy intensity, VAT and corporate income tax in the non-ferrous metal industry, Jiangxi Province, China, between 1996 and 2010. Augmented Dickey-Fuller tests were used to validate the model. In our time series analyses, we found when controlling for corporate income tax, a one log unit increase of VAT resulted in a decrease of 1.17 log units of energy intensity. However, when controlling for VAT, a one log unit increase of corporate income tax resulted in an increase of 0.34 log units of energy intensity. Understanding the relationship between energy intensity and taxation in industries that consume high volumes of energy can greatly enhance China’s goal to reduce energy consumption. We believe our findings add to this on-going discussion.
文摘An intelligent fuzzy logic inference pipeline for the control of a dc-dc buck-boost converter was designed and built using a semi-custom VLSI chip. The fuzzy linguistics describing the switching topologies of the converter was mapped into a look-up table that was synthesized into a set of Boolean equations. A VLSI chip–a field programmable gate array (FPGA) was used to implement the Boolean equations. Features include the size of RAM chip independent of number of rules in the knowledge base, on-chip fuzzification and defuzzification, faster response with speeds over giga fuzzy logic inferences per sec (FLIPS), and an inexpensive VLSI chip. The key application areas are: 1) on-chip integrated controllers;and 2) on-chip co-integration for entire system of sensors, circuits, controllers, and detectors for building complete instrument systems.
文摘Objective To study the relationship between export orientation and research and development(R&D)investment so as to provide suggestions and references for improving the R&D investment level and innovation capabilities of pharmaceutical industry due to the progress of globalization and the continuous development of export trade of China’s pharmaceutical industry.Methods The relevant data of China’s pharmaceutical industry from 2001 to 2016 was selected to establish an error correction model based on the co-integration theory,and then the Granger causality test was conducted to determine the relationship between the export orientation and R&D investment of China’s pharmaceutical industry in different regions.Results and Conclusion It is found that the export orientation of the pharmaceutical industry in different regions has a significant negative impact on the investment of R&D.Among them,the middle region has the greatest impact,followed by the eastern and western regions.The export orientation of the pharmaceutical industry in the middle region has a lag effect on R&D investment,and the lag phase is two years.
基金Continuous Subject of Key Project of State Science and Technology in the Tenth Five-year Plan (2004BA601B01- 04-02)Project of Science and Technology in the Tenth Five-year Plan of Shandong Province (SD10503)
文摘In this paper, we make a comparative analysis and correlation test for the seismic activities in the South Japan and the Ludong-Huanghai block （a secondary tectonic unit in the North China） and approach the relationship between the energy release processes of these two areas by using co-integration analysis and Granger causality test for the time series of random variables. The results show that the seismic activities in these two areas are correlative and synchronous to a certain extent, and their release series of cumulative strain energy are contemporaneously correlative. Both energy series are first-order difference stationary processes and there is secular and steady co-integration between them. We make a positive analysis on the first-order difference energy series through Granger causality test based on vector error correction （VEC） model and find there is unilateral Granger causality and prominent co-integration between the two energy release processes.
基金Supported by the Fund for Heilongjiang Province Philosophy and Social Sciences Project (08E015)Social Sciences Fund of the Heilongjiang Provincial Education Department (11542014)Scientific Research Fund of Northeast Agricultural University
文摘Heilongjiang is a large agriculture province.Problems of agriculture,rural areas and farmers are urgent to be solved.The development of agriculture needs the support of agricultural credits,because finance is the center of agriculture economy.However,the low comparative advantage in agriculture and pursuit of the capital interests which aggravate the conflicts of supply and demand of agricultural funds.Lacking of fund is the main factor that constrains the development of agricultural economy.In order to analyze the economic effect of agricultural credits on agricultural economy,an error correction model was set up to research the relationship between them,which based on the least square methods.Through the study of the contribution from agricultural credits to total value of agricultural out-put,the empirical evidence for developing the rural financial vigorously was provided,in order to promote the agricultura leconomic development.
文摘According to the data of the total trade of agricultural products between China and the United States from 2009 to 2018 and the general description of agriculture in China,this paper adopts the method of econometric model to make a detailed analysis of the agricultural trade between China and the United States by using cointegration analysis,Granger causality test and error correction model in order to explore the impact of agricultural trade between China and the United States on China’s agricultural development. The results of empirical analysis show that there is a balanced relationship between the trade of agricultural products between China and the United States and the development of agriculture in China. The total trade of agricultural products between China and the United States affects the development of China’s agriculture.In addition,in the short term,if the short-term fluctuation deviates from the long-term equilibrium,then the error correction term will reverse it with strength of 0. 378,so that the non-equilibrium state will gradually return to the equilibrium state.
文摘In recent years, the real estate price has been raising with the volume of foreign money inflow increasing. The relationship between foreign money and real estate price becomes a focus. This paper studies the relationship with empirical methods. The co-integration test shows that there is a long equilibrium between real estate price rising and foreign money inflow. The analysis of ECM shows that foreign money inflow as to real estate price rising is less important than real estate price rising as to foreign money inflow. And Granger test also shows that foreign money inflow is not the cause of real estate price rising, on the contrary, real estate price rising causes foreign money flowing in.
